The intake of canned tuna in the US has continued at skyscraping levels during the third quarter of 2020. Earlier this year, the COVID-19 induced lockdown led to panic buying and stockpiling...
Trade
Century Pacific Growing During Pandemic
During the global pandemic, the Philippines firm Century Pacific managed to gain over 20 international markets, mainly in the African continent. Greg Banzon, EVP and COO of Century Pacific...
Tuna Driving Thai Union Profit To Record-High Level
For the first time, Thai Union’s net profit for the third quarter of the year (3Q) exceeded the two billion bahts (USD 64.8 million) mark in 2020. This was the result of the strong sale growth...
Trump-Biden Showdown: What It Means For The Tuna Sector
Votes are still being counted in the US Presidential election and so far it is proving to be a neck-and-neck race between Donald Trump and Joe Biden. However, several key swing states are...
Bom Petisco Launched Organic Canned Tuna
The main brand of Portuguese canner and trader Cofaco, Bom Petisco, has launched two new tuna products - in organic olive oil and tomato sauce. The ingredients for these additions were farmed...
New England Seafood Intl. Bought By US Tribes
New England Seafood International (NESI), the UK processing company behind the tuna brand Leap has been bought by the Alaska-based firm, Sealaska. This marks the first international deal for...
Outsider Poland Launches Massive Loins Quota Proposal
The EU Ministers Council will soon decide on the pre-cooked tuna loins Autonomous Tariff Quota (ATQ) for the 2021-2023 period. The discussion seems to be going against the EU fleet’s wishes of...
Unannounced ICCAT Annual Meeting Taking Place Via Emails
Decisions and negotiations that are supposed to take place during the annual ICCAT meeting are now being conducted via email, a first for any RFMO. Due to the global pandemic, many Commissions...
Seafood Expo Global 2021 Postponed To September
In a press release, Diversified Communications, organizer of Seafood Expo Global, has announced that the event will be postponed until September 7-9, 2021, and will be held at the Gran Via in...
IOTC Annual Meeting Kicked Off Today
Today, the IOTC 24th Annual Meeting started in Seychelles. The five-day event is being held online and will end on November 6. Each day there will be two-hour conferences starting at noon in...
Lischewski’s Defense Argues Against Inhumane Prison Conditions
Defense attorneys for the former CEO of Bumble Bee, Chris Lischewski, have asked a US federal court to reduce his sentence by a minimum of three months. They cited that their defendant “was...
Thai Canners Lost Business In Smaller Markets In Q3
The demand for Thai canned tuna from smaller markets experienced a strong decline during the first three quarters of this year (Q3). While the exports to major markets such as the US grew...
Bad Sentiment Pushes Down Century Pacific’s Shares
Investors seem to have little confidence in the Q3 results of Philippine tuna processor Century Pacific Food Inc's (CNPF). Awaiting the company's announcement on November 4, they sold out...
ATUNLO Promotes #SosTunability In New Range Of Retail Tuna Products
- Advertorial - The Spanish-based processing company Atunlo has revealed the launching of a new range of frozen tuna products which will soon hit the European retail shelves. The items are...
Sentencing Postponed For US Tuna Price-Fixing Execs
The final sentencing for three former senior executives of Bumble Bee and StarKist who were involved in the price-fixing shelf-stable tuna case in the US has been postponed. Kenneth Worsham,...
Lischewski To Pay USD 100,000 To Washington State For Price-Fixing
Former Bumble Bee CEO, Chris Lischewski, will pay USD 100,000 to Washington state for his role in canned tuna price-fixing, according to the state’s Attorney-General. The defendant has 60 days...
Thai Canned Shipments To US Go Through The Roof In Q3
This year is turning out to be a very good one for Thai canned tuna processors. While many other industries have been deeply affected by COVID-19, it has resulted in well above normal exports...
Vanuatu & Nauru Strong Emerging Suppliers To Bangkok
At the Bangkok port, the Pacific nations of Vanuatu and Nauru are emerging as strong tuna raw material suppliers since many purse seiners are now carrying their flag. Yesterday, Atuna reported...
Explorer Magalhães Honored By Portuguese Tuna Brand
Five hundred years ago, Portuguese navigator Fernão de Magalhães arrived at the South American coast after a year of traveling. Tuna processor Ramirez has joined the official quincentenary...
Low Skipjack Deliveries To Bangkok Continued Throughout Q3
The supply of raw material to the Thai ports has, for the first three-quarters of this year, remained at the same low level as in 2019. However, some of the main skipjack suppliers delivered a...